Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.93% |
| 2 | Technology | 1.6% |
| 3 | Consumer Discretionary | 1.4% |
| 4 | Communication Services | 1.36% |
| 5 | Healthcare | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
PUT
Masco
MAS
$15.3B
| $20.3M | 0.01% |
647,000
+170,300
| +36% | +$4.69M |
|
977
PUT
Synchrony
SYF
$25.6B
| $20.3M | 0.01% |
709,700
-442,900
| -38% | -$12.3M |
|
978
PUT
Hartford Financial Services
HIG
$39.3B
| $20.3M | 0.01% |
441,200
-62,900
| -12% | -$2.64M |
|
979
iShares Russell 2000 Value ETF
IWN
$14.6B
| $20.3M | 0.01% |
217,352
+152,778
| +237% | +$13.3M |
|
980
CALL
Vipshop
VIPS
$7.53B
| $20.2M | 0.01% |
1,571,600
-497,200
| -24% | -$6.24M |
|
|
FIT
981
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $20.2M | 0.01% |
1,336,141
+1,057,167
| +379% | +$16.8M |
|
982
Banco Santander
SAN
$210B
| $20.1M | 0.01% |
4,811,861
+859,636
| +22% | +$3.53M |
|
983
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $20.1M | 0.01% |
180,796
-51,260
| -22% | -$5.54M |
|
984
PUT
Autodesk
ADSK
$52.6B
| $20.1M | 0.01% |
344,600
-198,000
| -36% | -$10.3M |
|
985
Mondelez International
MDLZ
$79.9B
| $20.1M | 0.01% |
500,723
+172,816
| +53% | +$7.04M |
|
986
CALL
Avis
CAR
$5.02B
| $20.1M | 0.01% |
732,900
+211,600
| +41% | +$5.78M |
|
987
CALL
VF Corp
VFC
$5.89B
| $20M | 0.01% |
328,477
+2,124
| +0.7% | +$123K |
|
988
PUT
Deckers Outdoor
DECK
$13.3B
| $20M | 0.01% |
2,005,800
-2,677,200
| -57% | -$23.1M |
|
|
FIT
989
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $20M | 0.01% |
1,321,900
+46,300
| +4% | +$735K |
|
990
Kroger
KR
$34.8B
| $20M | 0.01% |
522,159
+298,091
| +133% | +$11.5M |
|
991
PUT
Acuity Brands
AYI
$10.8B
| $20M | 0.01% |
91,500
+28,200
| +45% | +$5.82M |
|
|
SINA
992
DELISTED
Sina Corp
SINA
| $19.9M | 0.01% |
421,088
+236,405
| +128% | +$10.6M |
|
|
SKX
993
CALL
DELISTED
Skechers
SKX
| $19.9M | 0.01% |
653,200
+108,100
| +20% | +$3.25M |
|
|
994
CALL
Hartford Financial Services
HIG
$39.3B
| $19.9M | 0.01% |
431,600
-250,900
| -37% | -$10.5M |
|
995
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $19.8M | 0.01% |
243,900
+202,100
| +483% | +$15.5M |
|
996
PUT
Mohawk Industries
MHK
$9.22B
| $19.8M | 0.01% |
103,700
+7,700
| +8% | +$1.34M |
|
|
997
CALL
Synchrony
SYF
$25.6B
| $19.7M | 0.01% |
687,300
-686,000
| -50% | -$19.1M |
|
|
RHT
998
CALL
DELISTED
Red Hat Inc
RHT
| $19.6M | 0.01% |
263,100
+3,500
| +1% | +$247K |
|
999
PUT
Wolfspeed
WOLF
$1.71B
| $19.6M | 0.01% |
672,900
-189,300
| -22% | -$5.42M |
|
1000
PUT
Danaher
DHR
$144B
| $19.6M | 0.01% |
306,791
-1,341,132
| -81% | -$80M |
|
Similar funds
Susquehanna International Group's Q1 2016 Portfolio in Review
As of Q1 2016, Susquehanna International Group held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group withdrew a net $22.6B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 1.9% of assets, down from 2.1% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Susquehanna International Group's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Susquehanna International Group added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Susquehanna International Group's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Susquehanna International Group fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Susquehanna International Group's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Susquehanna International Group opened 1,208 new positions and closed 1,613 in Q1 2016.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.